1212 Guadalupe ST # 905, Austin TX 78701

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $529,485. I'd recommend coming to market at $387,000 to $397,000 to strike the right balance between value and market velocity. Against 7 similar active listings in PENTHOUSE CONDO, this price point lands at the most expensive of 7 comparable homes on the market. Built in 1973, this home is 9 years older than the average comp, which is reflected in the adjustments. Current inventory shows 7 comparable homes in PENTHOUSE CONDO; a buyer's market based on recent absorption. The trend in 78701 shows prices have fallen 0.4% in the past 6 months. 1212 Guadalupe ST # 805, Austin TX 78701 nearby adjusts to $375,000; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group